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ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns

Name: ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns
Uploaded: Wed, 23 Jul 2025 15:07:41 +0530
Channel: Rediff Video Desk
Description: The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment.Despite the downward revision from the April 2025 Asian Development Outlook (ADO), India remains one of the fastest-growing major economies in the world.

The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment. Despite the downward revision from the April 2025 Asian Development Outlook (ADO), India remains one of the fastest-growing major economies in the world.

Uploaded by: Rediff Video Desk on Wed, 23 Jul 2025 15:07:41 +0530

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